Some holders of Ethiopia’s Eurobond that’s due to mature in 2024 offered to extend maturity on the notes, people with knowledge of the matter said, requesting not to be identified because it ...

Ethiopia has been burdened with substantial foreign debt and recently reached an agreement with international creditors to ...

Finance Minister Ahmed Shide told parliament that the economy was forecast to expand 8.9% in fiscal year 2025/2026. It had ...

The proposal involves the debt maturity being extended to ... not formed a private creditors committee for the extension proposal because Ethiopia has continued to service the bond normally ...

Under the deal, Ethiopia will get around $2.5 billion in debt service relief over the course of its International Monetary Fund programme, which runs out in 2028. "We reduce the stock of debt through ...

William Roos, co-chair of Ethiopia’s OCC, explained their position: “We reduce the stock of debt through an extension of maturities and also reducing specifically the payments during the IMF programme ...

ADDIS ABABA - Ethiopia is in the "final stages" of negotiations with its creditors in an ongoing plan to restructure its debt, its finance minister, Ahmed Shide, said on Sunday. The Horn of Africa ...

Ethiopia expects its creditors will agree to restructure $4.9 billion of debt, Planning and Finance Minister Fitsum Assefa said. The authorities in East Africa’s biggest economy have resumed ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors in Ethiopia’s defaulted dollar bond have accused the IMF of exaggerating how much debt relief ...

Debt restructuring is a critical component of financial management that can significantly influence the success and sustainability of both individuals and organizations. In an increasingly complex ...

“We reduce the stock of debt through an extension of maturities and also reducing specifically the payments during the IMF programme period,” said William Roos, co-chair of Ethiopia’s OC ...

"We reduce the stock of debt through an extension of maturities and also reducing specifically the payments during the IMF programme period," said William Roos, co-chair of Ethiopia's OCC.